Renovated Cooperative
For Sale
$244,997
7058 EASTERN AVENUE NW Unit 109, Washington, DC 20012
The residence includes a private balcony, two walk-in closets, and one assigned parking space.
Property Size900 SF
Price / SF$272.22
Days on Market50
Property Features for 7058 EASTERN AVENUE NW Unit 109
General Information
Standard status
Active
Size
900 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$40,315
Amenities
balcony
on-site laundry
Building Details
Building Size
900 SF
Year Built
1966
Construction
garden-style
Listing Agency:
KW Metro Center
Listed By:
Tanya A Cunningham · License #AB98377806
(202) 256-9048
Source:
Jackrealtygroup
Added: Sep 10
Changed: Oct 27
Last Checked: Oct 26 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Metro Center
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Investment Insights
Based on property information with market context.
This 900-square-foot cooperative apartment has two bedrooms and one bathroom. The interior was updated with luxury vinyl plank flooring, fresh paint, and modern lighting. The renovated kitchen features soft-close cabinets, Quartz counters, and stainless steel appliances; the bathroom has an updated vanity and medicine cabinet. A private balcony extends the living space, and walk-in closets are located in the hallway and primary bedroom.
Built in 1966, the unit includes one assigned parking space. Laundry facilities are on the lower level. The monthly fee covers water, sewer, gas, trash, property insurance, and maintenance of common areas.
Built in 1966, the unit includes one assigned parking space. Laundry facilities are on the lower level. The monthly fee covers water, sewer, gas, trash, property insurance, and maintenance of common areas.
Key Highlights
- 900‑square‑foot cooperative apartment with 2 bedrooms and 1 bathroom
- Renovated kitchen with soft‑close cabinetry, Quartz countertops, and stainless steel appliances
- Private balcony and walk‑in closets in the hallway and primary bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,954
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,080
$299.1K
Cap Rate 7%
$213,629
$213.6K
Cap Rate 9%
$166,156
$166.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$28.6K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$27.2K $30.21/SF
− OpEx
−$12.2K −$13.59/SF
NOI
$15.0K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,080
Cap Rate 7%
$213,629
Cap Rate 9%
$166,156
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,954 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.9K
$405.1K – $540.1K
NOI $32,405 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,391
Businesses Nearby
Explore this area
Business Placement
Demographics for 20012, DC
15,485
Population
7,599
Households
2
Avg Household Size
41
Median Age
59%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
7,374
Density / Sq Mi
$128,234
Median Household Income
$75,138
Median Earnings
$1,638
Median Rent
$838,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private balcony, two walk-in closets, and one assigned parking space.
Where is this residential income property located?
The property is located at 7058 EASTERN AVENUE NW Unit 109 Washington, DC.
What is the asking price?
The asking price for this property is $244,997.
What are key features of this property?
This property features: 900‑square‑foot cooperative apartment with 2 bedrooms and 1 bathroom; Renovated kitchen with soft‑close cabinetry, Quartz countertops, and stainless steel appliances; Private balcony and walk‑in closets in the hallway and primary bedroom
